Greek shipowner Maran Gas Maritime has splashed out nearly $395m to order an LNG carrier and a floating storage and regasification unit (FSRU) at South Korean shipyard DSME .

DSME said the two newbuildings were worth a combined KRW 430.5bn ($394.1m).

The 173,400-cbm LNG carrier will be fitted with an M-type electronically-controlled gas-injection (ME-GI) propulsion system.

The vessels are due for delivery by May 2020.